1/67

Listed by Vineendra Jain - DRE #01413466 - Ingenious Asset Group, Inc. 310-331-8552

$1,700,000

Calculate Payment

12121 Washington Place Los Angeles, CA 90066

Mixed Use Residence

Beds

Baths

4,661 Sq. Ft.

0.11 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 11/29/2024 4:08 PM

Listing Details

Probate Sale. Subject to Court confirmation and overbidding in Court. 8-Unit mixed-use property located in a trendy district of West LA. Easy access to shopping, dining options, entertainment, and I-405. Minutes from Downtown Culver City and Venice Beach. Excellent opportunity for a savvy investor t...o acquire a prime westside location with significant value-add potential. For sale AFTER 58 years! Unit mix 5 x 2 bed 1 bath and 1 x 1 bed 1 bath residential units, plus 2 commercial units. One large 2 bedroom unit is vacant, and will be delivered vacant at COE. All units are separately metered for both gas and electricity. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on Feb. 05, 2019. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations. Continue reading

MLS#

24435216

Property Type

Mixed Use

Status

Active Under Contract

Year Built

1960

Square Feet

4,661 sq. ft

Lot Size

0.11